First post....
about to re mortgage to hsbc...all paper work done but the the legal mortgage document. It states
"The debts include overdrafts, loans or money due under any facilities that HSBC bank has granted you or grants you in future.
I called them and they confirmed a first direct unsecured load and a marks and sparks credit would would be included.
Therefore previously unsecured debt becomes secured.
Its their mortgage deeds conditions (2012) edition.
I can make payments on the mortgage miss a payment on a unsecured loan and technically they can have the house.
This isnt mentioned in the morg offer. Nor in key facts.
they are increasing the security on there unsecured debt by stealth?
about to re mortgage to hsbc...all paper work done but the the legal mortgage document. It states
"The debts include overdrafts, loans or money due under any facilities that HSBC bank has granted you or grants you in future.
I called them and they confirmed a first direct unsecured load and a marks and sparks credit would would be included.
Therefore previously unsecured debt becomes secured.
Its their mortgage deeds conditions (2012) edition.
I can make payments on the mortgage miss a payment on a unsecured loan and technically they can have the house.
This isnt mentioned in the morg offer. Nor in key facts.
they are increasing the security on there unsecured debt by stealth?